In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public c… On Monday, speaking from Brazil, Shell Chief Executive Ben van Beurden said it was a “momentous day” and that the combined company will be “more attractive for shareholders,” “more resilient” to fluctuating oil prices and “more predictable” for investors. The financial statements contained in this Report have been prepared in accordance with the provisions of the Companies Act 2006 and with IFRS as adopted by the European Union. Documents concerning the Company, or its predecessors for reporting purposes, which are referred to in this Report have been filed with the SEC and may be examined and copied at the public reference facility maintained by the SEC at 100 F Street, N.E., Room 1580, Washington, DC 20549, USA. BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations” respectively, and entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. Royal Dutch Shell is making a smart move in its $70 billion acquisition of BG Group. Neither the Company nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. Except as otherwise specified, the figures shown in the tables in this Report are in respect of subsidiaries only, without deduction of any non-controlling interest. ... More from the FT Group. O n February 15, 2016, the Company acquired all the voting rights in BG Group plc by means of a Scheme of Arrangement under Part 26 of the Act, via the issuance of 218.7 million A shares and 1,305.1 million B shares with a fair value of $34,050 million and cash payments of $19,036 million in exchange for all BG Group plc shares. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. Royal Dutch Shell . Shell’s agreed purchased of BG Group (not to be confused with British Gas, owned by the utility company Centrica), is important for all UK pension savers. Information in this Report in respect of Shell’s performance in 2015 and position at December 31, 2015, excludes the activities of BG Group plc, which was acquired on February 15, 2016. Shell Shareholders Approve Acquisition of BG Group By STANLEY REED: JAN. 27, 2016. As applied to the financial statements, there are no material differences from IFRS as issued by the International Accounting Standards Board (IASB); therefore, the financial statements have been prepared in accordance with IFRS as issued by the IASB. This Report contains forward-looking statements (within the meaning of the US Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. On 15 February 2016, the entire issued and to be issued share capital of BG Group plc was acquired by Royal Dutch Shell plc. The sale was completed on 15 February 2016. Shell’s gearing – the amount of debt it has as a proportion of its capital base – shot up from 14% to 26%. Except as otherwise noted, the figures shown in this Report are stated in US dollars. Some 2,800 workers will be made redundant as Shell’s planned acquisition of the oil and gas company BG Group receives the green light from China. Financial reporting terms used in this Report are in accordance with International Financial Reporting Standards (IFRS). The Royal Dutch Shell plc Annual Report and Form 20-F (this Report) serves as the Annual Report and Accounts in accordance with UK requirements and as the Annual Report on Form 20-F as filed with the US Securities and Exchange Commission (SEC) for the year ended December 31, 2015, for Royal Dutch Shell plc (the Company) and its subsidiaries (collectively referred to as Shell). Shell agrees to buy BG Group for £47bn One of the largest takeovers in oil sector for 20 years comes after fall in crude prices, as gas group’s CEO looks set to receive £25m in exit pay deal Readers should not place undue reliance on forward-looking statements. On April 8, 2015, Royal Dutch Shell announced it would buy BG Group for approximately $70 billion in cash and stock, a 50% premium to the previous day’s closing price. In a presentation to shareholders regarding the acquisition of BG, Shell detailed that the combined 5 reserves of Shell and BG, as a result of the deal, would be able to yield close to 50 million tonnes of natural gas per annum (mtpa) come 2018, the highest projected figure in the industry (‘Recommended Combination with BG Group’, 2015: 11). All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. The Consolidated Financial Statements comprise the financial statements of the Company and its subsidiaries.